BlackRock recruiter Serge Varlay had lots to say. On 21 June, the OMG News undercover reporter broadcasted their personal conversation, creating massive tides on social media.
Meanwhile, BlackRock is creating different waves on the crypto exchange. Bitcoin was trading higher for three consecutive days following the announcement that BlackRock has filed for a spot in the Bitcoin Exchange-Traded Fund (ETF).
Conversely, the United States Securities & Exchange Commission has filed a lawsuit against Cryptocurrency exchanges Binance and Coinbase. The concurring events have ensued a massive online discourse on where we lie on the ethical parameter and where our society is headed.
So what exactly happened with the BlackRock company and its recruiter Serge Varlay?
Who Is Serge Varlay?
Serge Varlay is a recruiter for BlackRock. He completed his schooling at the High School of American Studies at Lehman College.
He is currently 31 years old and completed his graduation from Baruch College with a bachelor’s degree in psychology and English literature.
Varlay was appointed as Quant, Research, Data Science, and Software Engineering recruiter for BlackRock in 2022. His LinkedIn bio further elaborates–
“Full-cycle for mid to senior roles in Quant, Research, Modeling, Data Science, & Software Engineering within BlackRock Solutions (BRS) – which serves as the analytical core of the firm, Aladdin Product Group (APG), and misc. high-bar roles within areas such as Blackrock Systematic (equities & fixed income).”
What Is BlackRock?
BlackRock is essentially an asset management company. They have several companies under their umbrella, including Amazon, Target, Proctor and Gamble, Comcast, Microsoft, Anheuser Busch, Meta, CNN, Pfizer, and Fox News.
The primary role of an Asset Management Company or AMC is to invest the pooled funds from the investors into various investments such as– stocks, bonds, ETFs, real estate, and more.
BlackRock Inc., founded in 1988 in New York City, was initially an enterprise risk management and fixed-income institutional asset manager. Now, after two decades, as of 31 December 2022, the company is the world’s largest asset management enterprise, with over $8.59 trillion in assets under its management.
So, is it a case of “Too Big To Fail, or Too Big To Jail?”
Here’s our analysis of what will happen to BlackRock–
What Did Serge Varlay Do?
In the exposé video, Serge Varlay discloses several internal affairs of BlackRock. What seems like a casual conversation shows a dangerous picture of our society being controlled by one giant multi-corporation. Here are a few highlights–
“They [BlackRock] don’t want to be in the news. They don’t want people to talk about them. They don’t want to be anywhere in the radar… I suspect it’s probably because it’s easier to do things when people aren’t thinking about it.”
He heavily implies that politicians can be bought like you buy your Pokemon card.
“You can buy your candidates… first, there’s the senators. These guys are f**king cheap. You got 10 grand? You can buy a senator. You got ten grand, you can buy a senator. I could give you $500K right now, no questions asked. Are you gonna do what needs to be done?… It doesn’t matter who wins, they’re in my pocket.”
Varlay exposes the ugly side of wars, and it is hard to digest how he casually mentions it over dinner–
“Ukraine is good for business.”
“We don’t want the conflict to end as a country. The longer this goes on, the weaker Russia is. Russia blows up Ukraine’s grain silos. The price of wheat is gonna go mad up. So what are you gonna do if you’re a trading firm? The moment that news hits, within a millisecond, you’re going to pump trades into whomever the wheat suppliers are. Into their stocks.”
According to the BlackRock recruiter, the company manages $20 Trillion and says, “Its an incomprehensible number.”
He concludes with his two cents on trading stock but again exposes an ugly truth–
“If you want to invest smart, there’s a tracker that tracks all politicians and where they have their stocks. If we think the stock price is going to tank, we’re gonna sell so that we sold high, it tanks, and we buy it back.”
The way his tone shows no remorse or concern is evidence that he is not precisely a whistleblower. However, the young employee is very well-aware of the ramifications of insider control of the world.
Ever since then, Twitter has erupted with opinions–
RedTsunami writes–
“Something tells me that Serge Varlay…a BlackRock recruiter…is going to be found dead in a ditch in about 2-3 weeks if what he said is true about the BlackRock executives who want to remain out of the spotlight. He said Ukraine is great for BlackRock’s business. They happen to have made a deal in Ukraine to rebuild the country. Now add politicians and Presidents into Bad Reboot’s pocket and you can see why democrats and rinos are so for this war to continue. Makes me wonder if BR is also part of the child sex trade that’s also happening in Ukraine as well as in other parts of the world. After all, it’s said that it’s a $34 BILLION DOLLAR a year business.”
Stephen Hurn reacts with–
“This is seriously sorry watching. Serge Varlay openly admits to Blackrock bribing US politicians.”
Why Did the Recruiter Delete His Linkedin?
With 17989 followers and over 500+ connections, Serge Varlay has deactivated his LinkedIn profile since the incident.
Some believe that he is staying aloof from social media. And since he is a recruiter, he might get bombarded with questions on LinkedIn. But most inferred that there is a bigger picture at play. Netizens think that BlackRock is trying to suppress the incident. Deleting his LinkedIn profile might be an order from the higher-ups.
What are your opinions on this expose? Do you think this will hamper BlackRock operations in any way?
Will Serge Varlay be fired or transferred to another country altogether? Let us know your thoughts in the comment section below.
1 Comment
A person like that can bring negative attention to a company by associating his personal views on the the Ukraine war to the companies views, which could cause consumers to associate the companies that Blackrock manages with this man’s twisted views.